Foreigners manipulating flour market in Nigeria

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Flour mills controlled by foreigners in Nigeria are exploiting local farmers and bakers through the arbitrary increase of prices of the commodity, which is also

Farmers and bakers who rely on flour and associated products for their production described the “coordinated and arbitrary increase of prices as exploitative.”showed that leading flour producing companies are controlled by foreigners even as they collectively operate like a cartel, manipulating the market forces and increasing prices at will.

 

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